Jim Chapman Construction Group, an Atlanta-based build-to-rent general contractor, has completed The Cottages at Lexington, the company's second BTR project, in Athens, Ga. This project underscores JCCG’s capability to blend quality construction with the unique dynamics of a college town.
Located at 4505 Lexington Road, The Cottages at Lexington spans 41 acres and comprises 200 units of “RanchCottagesForRent” attached townhomes. This project follows the successful lease-up of JCCG’s first Athens project, The Cottages at Ridge Pointe, highlighting the demand for quality rental options in a major Southeastern Conference college town.
The Cottages at Lexington offers five distinct home floor plans – Frisco, Fresno, Richmond, Reno, and Tucson – with square footage ranging from 1,020 to 1,466. Each unit features modern LVT flooring on the main level, granite countertops, stainless steel appliances, an included washer/dryer, and options for a one- or two-car garage.
The community took 25 months to build from horizontal construction to full lease out. The gated, fully fenced community has on-site management and leasing offices, 24-hour emergency maintenance, and a clubhouse, swimming pool, and fitness center.
'MIX OF LIFESTYLE AND COMFORT' FOR COLLEGE-TOWN RENTERS
"The successful development of The Cottages at Lexington reflects our adeptness in delivering top-notch residential communities in unique markets like college towns,” said Jim Chapman, President of JCCG. “We’re providing a mix of lifestyle and comfort that appeals to the broad demographic of renters that college towns attract.”
The success in Athens, followed by the recent closure of a new BTR deal in Tallahassee, Fla., reinforces JCCG’s reputation in developing appealing, well-located rental communities that resonate with the dynamics of massive college towns.
"Working with Jim Chapman Construction Group on the lease-up of The Cottages at Ridge Point and The Cottages at Lexington was a remarkable experience," said Carolyn Sidhilall, Community Director with Rangewater. "The quality of the JCCG homes is a perfect fit for the unique needs of college towns like Athens. Their attention to detail and commitment to quality resonate well with our diverse tenant base, from students to local professionals.”
About Jim Chapman Construction Group
Established in 1998, Jim Chapman Construction Group is a Georgia-based lot development and homebuilding general contractor specializing in multifamily build-to-rent solutions. JCCG's proven expertise as a licensed general contractor in six states – Georgia, Tennessee, Florida, Alabama, North Carolina, and South Carolina – makes it an ideal partner for investors and funds seeking comprehensive construction solutions. Services include preconstruction assistance, design-build, construction management, and full-service general contracting. For more information, call 770-434-3602 (option 2).
Related Stories
MFPRO+ News | Jul 15, 2024
More permits for ADUs than single-family homes issued in San Diego
Popularity of granny flats growing in California
Vertical Transportation | Jul 12, 2024
Elevator regulations responsible for some of ballooning multifamily costs
Codes and regulations for elevators in the United States are a key factor in inflating costs of multifamily development, argues a guest columnist in the New York Times.
MFPRO+ New Projects | Jul 2, 2024
Miami residential condo tower provides a deeded office unit for every buyer
A new Miami residential condo office tower sweetens the deal for buyers by providing an individual, deeded and furnished office with each condo unit purchased. One Twenty Brickell Residences, a 34-story, 240-unit tower, also offers more than 60,000 sf of exclusive residential amenities.
Student Housing | Jul 1, 2024
Two-tower luxury senior living community features wellness and biophilic elements
A new, two-building, 27-story senior living community in Tysons, Va., emphasizes wellness and biophilic design elements. The Mather, a luxury community for adults aged 62 and older, is situated on a small site surrounded by high-rises.
MFPRO+ New Projects | Jun 27, 2024
Chicago’s long-vacant Spire site will be home to a two-tower residential development
In downtown Chicago, the site of the planned Chicago Spire, at the confluence of Lake Michigan and the Chicago River, has sat vacant since construction ceased in the wake of the Great Recession. In the next few years, the site will be home to a new two-tower residential development, 400 Lake Shore.
MFPRO+ News | Jun 25, 2024
New York mayor releases multi-year plan to address affordable housing crisis
The plan seeks to create and preserve affordable housing. It will incentivize the inclusion of permanently affordable and rent stabilized housing in new, multi-family construction projects.
Student Housing | Jun 25, 2024
P3 student housing project with 176 units slated for Purdue University Fort Wayne
A public/private partnership will fund a four-story, 213,000 sf apartment complex on Purdue University Fort Wayne’s (PFW’s) North Campus in Fort Wayne, Indiana. The P3 entity was formed exclusively for this property.
Apartments | Jun 25, 2024
10 hardest places to find an apartment in 2024
The challenge of finding an available rental continues to increase for Americans nation-wide. On average, there are eight prospective tenants vying for the same vacant apartment.
MFPRO+ News | Jun 24, 2024
‘Yes in God’s Backyard’ movement could create more affordable housing
The so-called “Yes in God’s Backyard” (YIGBY) movement, where houses of worship convert their properties to housing, could help alleviate the serious housing crisis affecting many communities around the country.
Student Housing | Jun 20, 2024
How student housing developments are evolving to meet new expectations
The days of uninspired dorm rooms with little more than a bed and a communal bathroom down the hall are long gone. Students increasingly seek inclusive design, communities to enhance learning and living, and a focus on wellness that encompasses everything from meditation spaces to mental health resources.
